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darrell@lnf.com

EVERMAY ESTATE IN GEORGETOWN

3/23/2010

Changes coming to FHA financing

In about a month or so, FHA is changing its financing guidelines, increasing the amount of the upfront mortgage insurance and reducing the amount allowed for sellers to credit buyers. If one is considering buying a property priced up to $800,000, now would be the time to act. With the home buyer's credit, and the more relaxed terms of the current FHA financing, there isn't likely going to be a better time in the near future.

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About Me

I have been a Realtor for 27 years, 25 as the manager of a real estate office, and 20 of those as the manager of the Georgetown Office. I have worked through several real estate cycles, problem-solved with innumerable real estate transactions and supervised thousands of sales cases. One of my greatest pleasures is to share the knowledge I have acquired over these 27 years.